Summary by Futu AI
li auto inc – W (“li auto” or “the Company”) announces its unaudited interim consolidated financial results for the six months ended June 30, 2024. During the period, the company's revenue reached RMB 57,312,056 thousand, an increase of 20.8% compared to the same period last year; gross profit was RMB 11,461,247 thousand, an increase of 13.9%. However, the company's operating loss was RMB 116,873 thousand, compared to an operating profit of RMB 2,031,073 thousand in the same period last year. Pre-tax profit and net profit decreased by 44.2% and 47.8% respectively, to RMB 1,853,641 thousand and RMB 1,692,066 thousand. In addition, the company's non-GAAP net profit was RMB 2,779,406 thousand, a decrease of 32.9%. During the reporting period, li auto actively embraced market challenges and continued to grow, launching new...Show More